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Feb 15, 2012
02/12
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achieving deficit reduction. and the president surged spending the first two years of his time in office, which the chairman didn't refer to when he talked about how much growth of 62% would include. it would be a lot more if you include the surging and stimulus and the 24% increase in two years in discretionary non-defense spending. but i would say that mr. lew, on his cnn program, said you can't pass a budget in the senate of the united states without 60 votes. mr. zients, isn't it true that the current law which included the budget control act, the legislation that passed as part of raising the debt limit, that your budget spends more money than congress proposed to spend through the budget control act process over the next ten years? >> as i showed earlier, we have $5 trillion deficit reduction. >> you proposed to spend more money over the next ten years than the budget control act current law would cause us to spend. >> i think we have a much more honest baseline. a baseline with sgr, amt, not patched year o
achieving deficit reduction. and the president surged spending the first two years of his time in office, which the chairman didn't refer to when he talked about how much growth of 62% would include. it would be a lot more if you include the surging and stimulus and the 24% increase in two years in discretionary non-defense spending. but i would say that mr. lew, on his cnn program, said you can't pass a budget in the senate of the united states without 60 votes. mr. zients, isn't it true that...
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61
Dec 4, 2012
12/12
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the goal is not to get rid of the budget deficit. i don't think anyone who's involved in this process has a realistic hope of getting rid of the budget deficit. that they would love to get it down to a manageable level. when you talk about that, certainly opinions differ. you can make a big, big dent in the unmanageable part of the deficit with closing or reducing loopholes. >> host: do you expect to see them play a role in negotiation and talks? you mention how there is a group advocating for everyone of these deductions, people are used to getting them. could they end up on the chopping block? >> guest: they are on the table. republicans put them on the table and say we'd rather do this. but rather get rid of tax breaks that raise rates. in the end, you probably will see some of those. this is a process that will go on for the better part of the year. said during the process of negotiating a deal, you'll see some of those. >> host: john mckinnon is a reporter for "the wall street journal." we are talking about tax loopholes and ded
the goal is not to get rid of the budget deficit. i don't think anyone who's involved in this process has a realistic hope of getting rid of the budget deficit. that they would love to get it down to a manageable level. when you talk about that, certainly opinions differ. you can make a big, big dent in the unmanageable part of the deficit with closing or reducing loopholes. >> host: do you expect to see them play a role in negotiation and talks? you mention how there is a group...
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Dec 29, 2012
12/12
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unemployment insurance is available for 2 million people, and it lays the groundwork for additional deficit reduction and economic growth steps that we can take in the new year. let us not miss this deadline. that is the bare minimum we should be able to get done. it should not be hard since democrats and republicans say they do not want to see taxes go up on middle-class families. i have to repeat -- outside of washington, nobody understands how it is that this seems to be a repeat pattern over and over again. ordinary folks -- they do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership cannot do the same thing is mind-boggling to them. it needs to stop. i am modestly optimistic that an agreement can be achieved. nobody will get 100% of what they want. let us make sure that middle- class families and the american economy and the world economy are not adversely impacted because people cannot do their jobs. thank you very much, everybody. >> today
unemployment insurance is available for 2 million people, and it lays the groundwork for additional deficit reduction and economic growth steps that we can take in the new year. let us not miss this deadline. that is the bare minimum we should be able to get done. it should not be hard since democrats and republicans say they do not want to see taxes go up on middle-class families. i have to repeat -- outside of washington, nobody understands how it is that this seems to be a repeat pattern...
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Nov 7, 2012
11/12
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WMAR
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eye 357
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my children will pay for this deficit. i think a god part of the country that was supporting mitt romney's effort to be president there's going to have to be something done by this president to adles the deficit and some of the issues that mitt romney championed in his run. as you know, he's been running for six years or so. it's been a long time in coming to get his name on that ballot. he said he was humbled to see it there and he was asked by the press earlier today had he thought about what it would be like not to win the sxras what he would do. >> and he said he only prepared a speech for victory but he does have a life that's very important to him and he does have a family. that's a message he's said all along, he has a family that will support him had. i think the supporters of the romney ryan campaign are going to expect to hear from this president what he's going to do to now bring this nation together. >> and we can see the tears all around you, david, icht to head over to president obama's head quarters and we h
my children will pay for this deficit. i think a god part of the country that was supporting mitt romney's effort to be president there's going to have to be something done by this president to adles the deficit and some of the issues that mitt romney championed in his run. as you know, he's been running for six years or so. it's been a long time in coming to get his name on that ballot. he said he was humbled to see it there and he was asked by the press earlier today had he thought about what...
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Feb 7, 2012
02/12
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WBFF
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and what's contributing o yet another billion dollar budget deficit?09:54:20"it's smoke and mirrorr, it's very dishonest"part of the problem...is how the state reports spendiig.inside thesee massive budget books plenty of minutiae..but some big ticket items that are hard to find 9:54:32"it doeen't tell the real story of what's happening" liie a little known perk for state employees....that lets them accumlate several months worth of vacation time...then cash it out when they retirr.a perk that cost taxpayers nealry $50 million in the past wo years according to state office of management and budget...and nearly a hundred million over thh past five that we had to repeatedly ask state officals to release to up tax dollars at a faster g rate as more state employees retire.03:52"particulalry in a time when the state is trying to manage it's budget and budegt shortfalls, then when you have a large outflow of people you end up with an ordinate expense"but that's not allstate employees can also cash in on unused sick leavetimeethat accumulates at a rate f 15 d
and what's contributing o yet another billion dollar budget deficit?09:54:20"it's smoke and mirrorr, it's very dishonest"part of the problem...is how the state reports spendiig.inside thesee massive budget books plenty of minutiae..but some big ticket items that are hard to find 9:54:32"it doeen't tell the real story of what's happening" liie a little known perk for state employees....that lets them accumlate several months worth of vacation time...then cash it out when they...
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Oct 9, 2012
10/12
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WBAL
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eye 82
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rainfall deficit for the month and year as well. at the airport, a degrees short of the average. we spent a few days i and this weather pattern. 28 was the low. the first officially observe to snowflakes fell. that is the earliest we have had snow. our snow season is officially underway. there was some snow in the mountains of western virginia. the drizzle and moisture trying to move off the mid-atlantic. a lot of low level of moisture, resulting in low clouds and fog. 50's in most areas. 61 at the naval academy. 62 in downtown baltimore. it will not be as chilly but it will be cloudy and the winds are nearly calm. the sunset at 6:30 p.m. the next front shows up well on our satellite reiter composite. a band of showers approaching chicago. snow mixed in with clear. the energy will stay to the north and the front will fizzle out here. southwest winds will scour out the morning clouds and were mess up. expecting 70 degrees in many areas tomorrow. the showers around metro new york tomorrow. it -- most of the sprinkles are north of there and there is a minimal chance for a sprinkle t
rainfall deficit for the month and year as well. at the airport, a degrees short of the average. we spent a few days i and this weather pattern. 28 was the low. the first officially observe to snowflakes fell. that is the earliest we have had snow. our snow season is officially underway. there was some snow in the mountains of western virginia. the drizzle and moisture trying to move off the mid-atlantic. a lot of low level of moisture, resulting in low clouds and fog. 50's in most areas. 61 at...
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Jun 28, 2012
06/12
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CSPAN3
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eye 80
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today's decision protects more than $1 trillion in deficit reduction. today's decision allows us to continue our work, replacing the current sick care system with a true health care system. one focused on wellness and prevention and public health and keeping people out of the hospital in the first place. the supreme court has made it clear what we have known all along, that those trying to block health care reform are standing on the wrong side of history. for those of us who believe that quality health care is a right and not a privilege, this is a great day. it is time -- it's time for speaker boehner and the republicans to put politics behind us, join with us, in insuring that every american has access to quality affordable care that no person is denied coverage due to a preexisting condition. no one has their coverage cancelled when they get sick. and to make sure that women are no longer brazenly discriminated against by insurance companies. i've often said that the affordable care act is not like the ten commandments chiseled in stone. it's like a
today's decision protects more than $1 trillion in deficit reduction. today's decision allows us to continue our work, replacing the current sick care system with a true health care system. one focused on wellness and prevention and public health and keeping people out of the hospital in the first place. the supreme court has made it clear what we have known all along, that those trying to block health care reform are standing on the wrong side of history. for those of us who believe that...
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Feb 7, 2012
02/12
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program integrity approach that we want to make sure that the dollars are there given the debt and deficits that we have, that they're going to the people who are in need. but i do think we have had some certainly staff discussions and on the issues you mentioned in re-employment services and enhanced re-employment. i would like to have an opportunity to share those with the members of the conference to see whether we can make some progress at least initially and those -- in those areas. i realize we can see there's some difference on certainly the ged issue and the drug screening issue, but we want to continue to try to work on those as well. and i think for reasons that were very articulately stated, those are important too. i think if we can move forward on that that would be a positive first step. i do think a uniform standard for job search at the state and federal level is important. but we can continue to try to discuss that issue as we move ahead. but -- and again, just to close, on drug screening it really is allowing states if they choose, they're blocked from doing it because of
program integrity approach that we want to make sure that the dollars are there given the debt and deficits that we have, that they're going to the people who are in need. but i do think we have had some certainly staff discussions and on the issues you mentioned in re-employment services and enhanced re-employment. i would like to have an opportunity to share those with the members of the conference to see whether we can make some progress at least initially and those -- in those areas. i...
109
109
Apr 20, 2012
04/12
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CSPAN3
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eye 109
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debts and deficits are not a new development, mr. chairman. the whole time that you've served in the senate it has been a real challenge for both parties in the last four years i think only four federal budgets have been balanced. the path of least resistance for a generation has been to keep revenues low and services high and not deal with the gap. i think we are at a day of reckoning. i think it's my hope that this committee and members will be serious. maybe offcamera, maybe individually, maybe collectively about working hard towards finding the very real solutions that we need. president warner commented whatever a bipartisan compromise is ultimately reached to solve this problem, it will be difficult, it will be painful and it will need a real enforcement mechanism. regardless of which party, regardless of which view, i think all of us can agree we have to find a way forward that doesn't eviscerate our safety net, that asks for broadly shared sacrifice. that doesn't jeopardize our fragile recovery. and that retains highly effective long s
debts and deficits are not a new development, mr. chairman. the whole time that you've served in the senate it has been a real challenge for both parties in the last four years i think only four federal budgets have been balanced. the path of least resistance for a generation has been to keep revenues low and services high and not deal with the gap. i think we are at a day of reckoning. i think it's my hope that this committee and members will be serious. maybe offcamera, maybe individually,...
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Apr 3, 2012
04/12
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. >> with regards to the congressional race we have to deal with our debt and deficits. we have to overturn the president's healthcare act. these are things republicans are trying to do. democrats have been opposing it. we hope america comes out and sends another message to washington this fall like it did two years ago. >> reporter: back here live, usually campaign workers are feeling the competition. they're all staking out their ground. looks like they're sharing their life stories. they've probably gotten to know each other. one of the poll workers says it is slow. the poll workers are angered by those who haven't showed up. a disappointing day thus far as far as the polling goes. >> hopefully it will be a good walkup crowd. stay her for all the political news. head to abc2news.com/politics. there you can find all of our democracy 2012 coverage. >>> all right. it's not like they're spelling ravens with a "y" but the team's new wardrobe is out. >>> find out who's telling you you don't need a pap smear every year. you're watching abc2 news at 6:00. >>> out at the airpo
. >> with regards to the congressional race we have to deal with our debt and deficits. we have to overturn the president's healthcare act. these are things republicans are trying to do. democrats have been opposing it. we hope america comes out and sends another message to washington this fall like it did two years ago. >> reporter: back here live, usually campaign workers are feeling the competition. they're all staking out their ground. looks like they're sharing their life...
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Nov 18, 2012
11/12
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WBAL
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eye 111
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we have a deficit problem. >> we have a deficit problem but it's my understanding if you do both these things, if you raise the age for social security and medicare it won't make that much of a difference and there at least will be a democratic leadership opening proposition. social security is not in trouble. medicare wouldn't make all that much difference. that's going to be their argument. chris: once the republicans do agree to a tax revenue increase for the rich, then the democrats have to respond with something. >> that's the republican's argument. we keep agreeing to tax hikes and we get promised spending cuts that never happen. this time around we want to know spending cuts will follow if we agree to tax hikes on the table. everything's going to have to be up to discussion. america doesn't so much have a deficit problem as they do a health care problem and you've got to do something about the health care problem. cole: the people want the jobs at 65. >> it will just be a question of policy catching up with life, right? because people are already working older and older and this
we have a deficit problem. >> we have a deficit problem but it's my understanding if you do both these things, if you raise the age for social security and medicare it won't make that much of a difference and there at least will be a democratic leadership opening proposition. social security is not in trouble. medicare wouldn't make all that much difference. that's going to be their argument. chris: once the republicans do agree to a tax revenue increase for the rich, then the democrats...
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Feb 7, 2012
02/12
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CSPAN3
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eye 95
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so we now have the means to end this perennial crisis without the deficit of putting our seniors at risk. by using the savings from the reduction in military operations in iraq and afghanistan, we can finally eliminate the $300 billion debt that has accrued in medicare for over a decade. this is really offsetting anticipated cuts with unspent expenditures. it really is a fair i think accounting issue. and we ought to take care of it. this funding mechanism as you know has gained support from members of both parties. it not only enabled us to pay down the sgr debt, but allows us a more accurate accounting for . we have a choice. all of us sitting here have a choice right now as to whether we deny and defer this problem once again, even for a year or two, leave seniors not sure what to expect, and leave doctors again uncertain about whether they should continue to take medicare patients or not and what their updates would look like, and what their cuts would look like. it was offered for two years. i think we're in a different place right now where we actually could go further. and you've
so we now have the means to end this perennial crisis without the deficit of putting our seniors at risk. by using the savings from the reduction in military operations in iraq and afghanistan, we can finally eliminate the $300 billion debt that has accrued in medicare for over a decade. this is really offsetting anticipated cuts with unspent expenditures. it really is a fair i think accounting issue. and we ought to take care of it. this funding mechanism as you know has gained support from...
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Dec 5, 2012
12/12
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CSPAN2
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eye 108
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a trade deficit that grew from $83 billion in 2001 to $295 billion in 2011, a deficit in auto parts alone that went from about $1 billion a decade ago to about $10 billion today. more recently, though, president obama stood up on china issues, on steel, which led to a new steel mill in youngstown, ohio, more steel jobs in cleveland and lorain, ohio, on tires which translated into more jobs in findlay, ohio. and also on aluminum, which meant more jobs. but our experience with china proves we must more closely monitor our trade partners' commitments before workers are injured by him. russia committed to lower tariffs on manufactured goods to ensure predictability by capping quota levels and to meet international standards on intellectual property rights. i'm pleased to see the legislation extending russia pntr includes enforcement measures much stronger than china pntr. several based on legislation i introduced earlier this year. by requiring u.s. trade representative to monitor russia's compliance with its w.t.o. obstacles, to publish an annual report to promote compliance and to establish
a trade deficit that grew from $83 billion in 2001 to $295 billion in 2011, a deficit in auto parts alone that went from about $1 billion a decade ago to about $10 billion today. more recently, though, president obama stood up on china issues, on steel, which led to a new steel mill in youngstown, ohio, more steel jobs in cleveland and lorain, ohio, on tires which translated into more jobs in findlay, ohio. and also on aluminum, which meant more jobs. but our experience with china proves we...
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271
Nov 10, 2012
11/12
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WETA
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eye 271
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george herbert walker bush, president 41, facing the deficits, really ballooning deficits of the time, unprecedentsed deficits could lap rated with democrats and some republicans and passed a tax increase. he paid dearly for it. the country got fiscal health. out of it. but he paid. he got a primary challenge and he got the wrath of a lot of the base of the republican party and he lost reelection. bill clinton then came and again to restore fiscal, the sustained fiscal health, increased taxes without a single republican voting for it and what happened, he paid a price. democrats lost control of the congress and for-- after having it for 40 years in 1994. and the lesson that was learned was learned by bush 43. who came and cut taxes twice. now under bush 41 and clinton, we had sustained economic growth and fiscal sanity. >> woodruff: with higher tax rates. >> with higher tax rates. under bush 43 with two tax cuts we had an economy in tore pur and doubled the fat debt. and but it's become, david can explain t the republicans, you know, you don't go near a tax increase of any sort. >> i'
george herbert walker bush, president 41, facing the deficits, really ballooning deficits of the time, unprecedentsed deficits could lap rated with democrats and some republicans and passed a tax increase. he paid dearly for it. the country got fiscal health. out of it. but he paid. he got a primary challenge and he got the wrath of a lot of the base of the republican party and he lost reelection. bill clinton then came and again to restore fiscal, the sustained fiscal health, increased taxes...
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Nov 28, 2012
11/12
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CSPAN2
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eye 58
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and so as we assume more and more responsibilities for the states with budget deficits in excess of $1 trillion, what we're going to do is find ourselves at a point where we're going to have to make cuts in programs that are our responsibility. so all i would ask to you do is think about whether or not this is truly a responsibility of the federal government and whether or not we ought to be expanding the program -- well-intentioned, does great work. don't discount that. well-deserved. don't discount that. but is it the responsibility of the federal government? i would actually state to the chairman -- and i'd be happy to have a voice vote on this and not force a vote, because i know the outcome, and we shouldn't waste everybody's time to do that. so with that, i would ask for the yeas and nays and a voice vote and vitiate the vote that's scheduled for 7:00 -- 6:00. the presiding officer: is there objection to that request? href i'm not sure i -- mr. levin: i'm not sure i understood what that request was. the presiding officer: the request was for a vote on the leahy amendment now -- t
and so as we assume more and more responsibilities for the states with budget deficits in excess of $1 trillion, what we're going to do is find ourselves at a point where we're going to have to make cuts in programs that are our responsibility. so all i would ask to you do is think about whether or not this is truly a responsibility of the federal government and whether or not we ought to be expanding the program -- well-intentioned, does great work. don't discount that. well-deserved. don't...
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178
Oct 15, 2012
10/12
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WMAR
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eye 178
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>> we need a bipartisan deficit plan. it has to be balanced. you need to reduce spending but you need to invest in program that is help create jobs. that's education, rebuilding our infrastructure, research and development. that's why i was a supporter of simpson bowls. >> condoleezza rice called education the civil rights issue of our day. >> i aagreement education is our highest priority. it's the great equalizer. i'm a proud product of the public schools. we have to invest in science, technology, engineering and math, the stems program, make college more affordable. that's why i'm a strong supporter to provide increased pel grants -- pel grants. >> what do we do with afghanistan? what is the end game? >> first, let me thank the men and women who served in our military. it's incredible. i've been with them. we thank them for their service to this country. many have made incredible sacrifices. i want to chon grat late -- congratulate president obama for bringing our troops home from iraq. his plan is to bring the troops hope from -- home from
>> we need a bipartisan deficit plan. it has to be balanced. you need to reduce spending but you need to invest in program that is help create jobs. that's education, rebuilding our infrastructure, research and development. that's why i was a supporter of simpson bowls. >> condoleezza rice called education the civil rights issue of our day. >> i aagreement education is our highest priority. it's the great equalizer. i'm a proud product of the public schools. we have to invest...
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180
Dec 7, 2012
12/12
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CURRENT
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eye 180
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we needed more aggregate demand, deficit spending, we needed public worse an easy money policy. that is what the economy needed. i think our problem is we didn't get enough. >> eliot: it's fascinating you articulated this way. judge poser was an iconic voice within the chicago school of economic supply. he went through the same transformation saying different circumstances call for different responses. you don't disavow of word of margenal rates. >> that's exactly right. i don't understand this idea of cocky cutter economics where you simply do the same thing regardless of circumstances. you analyze the data, look at the economy, you come up with policies that are appropriate. >> eliot: now, you have been a rather harsh critic of the way the second president bush ran the economy basically saying he disa vowed principles and put in place massive spending without caring about deficits at all. you were there. what happened as you saw this and did you push back? >> oh, yes i wrote a book called imposter, president bush destroyed the economy. which got me fired from my think tank job
we needed more aggregate demand, deficit spending, we needed public worse an easy money policy. that is what the economy needed. i think our problem is we didn't get enough. >> eliot: it's fascinating you articulated this way. judge poser was an iconic voice within the chicago school of economic supply. he went through the same transformation saying different circumstances call for different responses. you don't disavow of word of margenal rates. >> that's exactly right. i don't...
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Dec 6, 2012
12/12
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so you've heard discussions about deficit reduction over the years and tax policy. guest: yeah. host: we always seem to focus on the out years. when it comes to a lot of these issues. do the out years ever come about or does policy get changed before any real cuts are made? guest: so that they are pushing -- they're delaying the pain is what you're saying and they'll come back and -- yeah. that has occurred, the very famous one is the doc fix. i'm sure you're familiar with. they back in the 1990's reduced payments to doctors through medicare and then decided that wasn't such a good idea after doctors said, we don't like that. and so now just like these tax extenders occur every year or every two years they do a doc fix where they make sure that the docs get paid as they had before. but they don't do that permanently. they just do it on a year by year basis because it looks better that way maybe or they just feel like maybe one day we'll come up with a long-term solution that threads the needle. but it's an issue but on the other hand, sure, they've been able to reduce the defici
so you've heard discussions about deficit reduction over the years and tax policy. guest: yeah. host: we always seem to focus on the out years. when it comes to a lot of these issues. do the out years ever come about or does policy get changed before any real cuts are made? guest: so that they are pushing -- they're delaying the pain is what you're saying and they'll come back and -- yeah. that has occurred, the very famous one is the doc fix. i'm sure you're familiar with. they back in the...
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Sep 10, 2012
09/12
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WMAR
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eye 98
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we've seen more years of high unemployment, more years of massive deficits. we're forewarned. that's why we're not going to recollect this man. >> reporter: he called this post convention bounce of the democrats a sugar high and was quick to point out that republicans right now have more cash on hand, something clearly that they feel is a critical point as we move into the last 57 days of the election. >> sense you mentioned cash are they seeing a bump in the president's campaign dollars sense last week. >> reporter: president obama outraised mitt romney in the month of august, $3 million more, but it's still a win for democrats. republicans say not so fast. instead of looking at it this way, look at this much the past three months mitt romney and republicans have raised more than $100 million every single month. whether you want to look at this win for democrats or this win for republicans, it mean there's a lot of money going into the campaigns and also going ot for all of these ads that we are see sog frequently. >> thanks for that live report. jamie? >>> the shoshana s. ca
we've seen more years of high unemployment, more years of massive deficits. we're forewarned. that's why we're not going to recollect this man. >> reporter: he called this post convention bounce of the democrats a sugar high and was quick to point out that republicans right now have more cash on hand, something clearly that they feel is a critical point as we move into the last 57 days of the election. >> sense you mentioned cash are they seeing a bump in the president's campaign...
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102
Jul 18, 2012
07/12
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CSPAN2
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eye 102
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they're worried about the deficit. i'm worried about the deficit. every american should be worried about the deficit. but i have a question to ask some of my republican friends who today, today are great deficit hawks. and that is: where were they a few years ago? i voted against the war in iraq for a number of reasons, not the least of which is it wasn't paid for. war in afghanistan wasn't paid for. and i find it kind of interesting that former president bush, a great deficit hawk, all my republican friends, great deficit hawks, they went not just into one war, they went into two wars, madam president. and you know what? it just slipped their mind. they forgot to pay pore it. we all -- they forgot to pay for it. we all have slips of memory. go to the grocery store, you forget to buy the container of milk your wife wanted you to buy. it just slipped their mind. they were so busy talking about the deficit that they went into two wars, cost trillions of dollars and forgot to pay for it. and today they have notice, it has come to their attention that t
they're worried about the deficit. i'm worried about the deficit. every american should be worried about the deficit. but i have a question to ask some of my republican friends who today, today are great deficit hawks. and that is: where were they a few years ago? i voted against the war in iraq for a number of reasons, not the least of which is it wasn't paid for. war in afghanistan wasn't paid for. and i find it kind of interesting that former president bush, a great deficit hawk, all my...
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Nov 28, 2012
11/12
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CSPAN2
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eye 99
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of course, we want to get an outcome and we know the only way we can solve our long-term debt and deficit problem is to fix and sustainable growth rate of our popular entitlement programs. the president has from time to time had an openness to die. not the time to actually do it and i hope we can put all this divisiveness behind us and build confidence in relationships on a bipartisan basis to look at there at the end of the year. >> the president and later read that social security should be off the table. was your reaction to that? >> all the entitlements need to be discussed because they ought to one degree or another on an unsustainable path. medicare is a more immediate danger. we went to see these programs and i understand the dilemma the president and majority leader have let their hard left doesn't want to change anything other. any dollar spent on a commitment made by the federal government on any program at any time out to be there in perpetuity. well, times change. until we make sure these popular entitlement programs at the demographics of the change in america, we can't save
of course, we want to get an outcome and we know the only way we can solve our long-term debt and deficit problem is to fix and sustainable growth rate of our popular entitlement programs. the president has from time to time had an openness to die. not the time to actually do it and i hope we can put all this divisiveness behind us and build confidence in relationships on a bipartisan basis to look at there at the end of the year. >> the president and later read that social security...
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Nov 27, 2012
11/12
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social security, not a penny to the deficit. medicare, he wants $250 million over a quarter of a year. that saves for medicare. and medicaid is more essential now than it's ever been and it's a key part of obama care. i don't know what mr. plouffe was talking about. i think he got the republican talking points mixed up with his. >> that was my first impression when i saw the videotape as well. the question comes up. what are you willing to accept in a deal when it comes to programs like medicare and medicaid? >> look, this december should be about revenues. then we can go on to have discussions about the long-term solvency and where medicare fits in and the changes coming by 2014 as we move ahead with obama care. but revenues have to come first. they should come first because we hold all the ace s. they don't have to worry about their pledge because they are voting to reduce taxes for working americans. they just can't do anything about the millionaires and billionaires and the unearned income, which is going to go back to clint
social security, not a penny to the deficit. medicare, he wants $250 million over a quarter of a year. that saves for medicare. and medicaid is more essential now than it's ever been and it's a key part of obama care. i don't know what mr. plouffe was talking about. i think he got the republican talking points mixed up with his. >> that was my first impression when i saw the videotape as well. the question comes up. what are you willing to accept in a deal when it comes to programs like...
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Aug 19, 2012
08/12
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it would increase the deficit by $6 trillion over ten years. ask yourself now, which loopholes is he going to close to make up the difference? in -- he doesn't say, and there aren't enough loopholes to do that this any case. in any case. most middle class people, like you, do not consider the mortgage interest deduction to be a loophole. unlike the deductibility of dressage horses. [laughter] and in the recent past, congressional republicans have refused to repeal even the egregious tax loophole on corporate jets. so the deficit hawk claims are herbally fraudulent. essentially father-in-law lent. it's simply bait for the ruse. and, yes, they consider all of you to be potential ruins. chapter five of the book describes republican tax policy as follows. quote: although you won't find it in this their party platform, the gop's mission is to protect and further enrich america's plutocracy. the party's cater walling about deficits and debt is so much eye wash the blind the public. in reality, republicans act as bellhops for corporate america and the
it would increase the deficit by $6 trillion over ten years. ask yourself now, which loopholes is he going to close to make up the difference? in -- he doesn't say, and there aren't enough loopholes to do that this any case. in any case. most middle class people, like you, do not consider the mortgage interest deduction to be a loophole. unlike the deductibility of dressage horses. [laughter] and in the recent past, congressional republicans have refused to repeal even the egregious tax...
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Dec 28, 2012
12/12
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that have major catastrophe as that now all of a sudden in time of extremists in terms of our debt and deficit, that we're going to all of a sudden change that? and why are we changing that? especially since most of this money isn't going to be spent, isn't even going to be initialized for at least two years. i'd ask unanimous consent that that amendment be set aside and amendment 3370 be called up. the presiding officer: without objection. the clerk will report. the clerk: the senator from oklahoma, mr. coburn, for himself and mr. mccain, proposes an amendment numbered 3370, as modified. mr. coburn: i'd ask unanimous consent the amendment be considered as read. the presiding officer: without objection. mr. coburn: and per the request of senator schumer, i put a division in this amendment so we would have two votes on it separating out the fisheries because he thought that was important. i was glad to accommodate his needs. the main -- mr. schumer: will the gentleman yield? mr. coburn: i would be happy to. mr. schumer: i just want to thank him, he was gracious. there are two separate issues he
that have major catastrophe as that now all of a sudden in time of extremists in terms of our debt and deficit, that we're going to all of a sudden change that? and why are we changing that? especially since most of this money isn't going to be spent, isn't even going to be initialized for at least two years. i'd ask unanimous consent that that amendment be set aside and amendment 3370 be called up. the presiding officer: without objection. the clerk will report. the clerk: the senator from...
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Apr 19, 2012
04/12
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we are proceeding with that deficit reduction. it is a matter of our ability to work together and make that commitment. that is why i know we can actually do this. i don't agree with everything in the simpson-bolles proposal. but it is a thoughtful place to start. it is clear we need to support job creation with real tax reform that simplifies the tax code, closes loopholes, and counsels year marks. i also -- and cancels earmarks. i have been involved in that. however, i don't support the efforts that balance the budget on the backs of working families and seniors. frankly, those folks have had enough. they have faced enough. they have sacrificed enough. and that leads me to the difference between the house and the senate. the house budget committee, which i believe proposed and the house passed a budget resolution that represents the absolutely wrong values. limiting medicare and costing over $6,000 more to the average senior, making huge cuts for low-income seniors, the score on nursing homes and medicaid, eliminating women's he
we are proceeding with that deficit reduction. it is a matter of our ability to work together and make that commitment. that is why i know we can actually do this. i don't agree with everything in the simpson-bolles proposal. but it is a thoughtful place to start. it is clear we need to support job creation with real tax reform that simplifies the tax code, closes loopholes, and counsels year marks. i also -- and cancels earmarks. i have been involved in that. however, i don't support the...
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May 2, 2012
05/12
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deficit spending is a scheme. gold stands in the way of this process. it stands as a protector of property rights. if one grasps this one has no difficulty in understanding the status antagonism for the gold standard. the writer suggests you wrote these words. looking back over 45 years could you give us your thoughts on that essay today. >> i thought it was very perceptive, myself. >> did ron paul write that question? >> that was not submitted by ron paul. >> i had a very interesting conversation with ron paul when he was complaining at a house hearing that the federal reserve should be going back on the gold step. i said the american people have chosen to have a money standard because they want a welfare state. you cannot have gold standard and the welfare state at the same time. you have to make the choice. we have made a decision as a society that we'll be dealing with the welfare state. now, i also told him the normal practice of the central bank is to replicate the actions that the gold standard used to do when it controlled. this is the gold stan
deficit spending is a scheme. gold stands in the way of this process. it stands as a protector of property rights. if one grasps this one has no difficulty in understanding the status antagonism for the gold standard. the writer suggests you wrote these words. looking back over 45 years could you give us your thoughts on that essay today. >> i thought it was very perceptive, myself. >> did ron paul write that question? >> that was not submitted by ron paul. >> i had a...
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Dec 31, 2012
12/12
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i want it to go for deficit reduction. but that's not what we're hearing. >> the sequestration delay that republicans would like to see a 30-day delay. take it to the march deadline for the debt limit. the democrats want to go further out. what would you accept? >> the sequestration was signed into law by the president 18 months ago. it takes effect january 2nd. it was an important part of the last debt limit discussion. there's no way in the world that you can play that forward to the next debt limit discussion. that just doesn't work. the sequestration has to go forward as it is written as the president signed into law. remember all of this, the tax piece, the sequestration and don't forget obama care taxes, all of those were things signed by the president. clearly he wanted this scenario, or he wouldn't have signed those pieces of legislation. >> i would like to push a bit more on bill's previous question about tax hikes. because if i'm not wrong and do correct me if i'm wrong, you have said before that you would not vo
i want it to go for deficit reduction. but that's not what we're hearing. >> the sequestration delay that republicans would like to see a 30-day delay. take it to the march deadline for the debt limit. the democrats want to go further out. what would you accept? >> the sequestration was signed into law by the president 18 months ago. it takes effect january 2nd. it was an important part of the last debt limit discussion. there's no way in the world that you can play that forward to...
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Dec 31, 2012
12/12
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there was going to be no deficit reduction. unbelievable, unbelievable that all the money was going to be out the door as soon as it came in. as a matter of fact, before it came in, it was going to be spent. so, mr. president, i just want to say i know the president enjoys heckling and having pep rallies to try to get congress to act instead of sitting down and actually negotiating, but i hope that what's going to happen is we will end up following through on the reductions in spending that need to take place to replace this sequester. i will also add just for what it's worth the last time we extended unemployment insurance, we paid for it. the last time we did not cause the doc fix s.g.r. to go into place, we paid for it. and i hope that as this negotiation goes forth, we keep the same principles in place that we've had. this country has over $16 trillion in debt. sequester was put in place because we couldn't reach an agreement on reductions, but we knew they had to take place. and, mr. president, i hope we will continue to h
there was going to be no deficit reduction. unbelievable, unbelievable that all the money was going to be out the door as soon as it came in. as a matter of fact, before it came in, it was going to be spent. so, mr. president, i just want to say i know the president enjoys heckling and having pep rallies to try to get congress to act instead of sitting down and actually negotiating, but i hope that what's going to happen is we will end up following through on the reductions in spending that...
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Nov 7, 2012
11/12
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WBAL
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obama campaign and a spokesman says with mitt romney losses in pennsylvania and new hampshire and a deficit in ohio, we are hearing a lot of confidence from the obama campaign right now. we are keeping a close watch on those key battleground states. virginia, ohio, and florida, where voters are still standing in line at the polls after the polls closed. thousands of people filing in, just waiting to hear more results. >> i am nikole killion at mitt romney headquarters in boston. it is pretty quiet now as supporters here wait out of these results. a little bit of disappointment expressed by the crowds at a loss of new hampshire and pennsylvania by a mitt romney to president obama. those are states that would have been critical to mitt romney, but still a lot of outstanding key battleground states, namely florida, virginia, iowa, and the biggest prize of all, ohio. >> marylanders also waited on seven statewide ballot questions. >> here is a look at the results right now. maryland is one of four states with a marriage on the ballot. question six which decides whether to uphold the new state la
obama campaign and a spokesman says with mitt romney losses in pennsylvania and new hampshire and a deficit in ohio, we are hearing a lot of confidence from the obama campaign right now. we are keeping a close watch on those key battleground states. virginia, ohio, and florida, where voters are still standing in line at the polls after the polls closed. thousands of people filing in, just waiting to hear more results. >> i am nikole killion at mitt romney headquarters in boston. it is...
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Jan 6, 2012
01/12
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the congressional subcommittee still has to come up with a plan to cut the deficit. if they don't reach a deal, automatic budget cuts kick in which will cost the pentagon another $500 billion over the next ten years. >>> defense spending may be shrinking but troops are still being deployed overseas. 83 soldiers with the d.c. army national guard are headed to afghanistan. there is a bittersweet send-off to the d.c. armory in southeast yesterday. most of the soldiers are with the guard's 273rd military police. three of them are with the 321st criminal investigation unit. >> i'm going to be fine. i have 79 other soldiers i'm going with to take care of me. i'll be fine. >> any parent, you're going to worry about your child. they're going to war. so, i just want him to be safe. >> the soldiers will be deployed for about a year. >>> for the second time this week, at g.o.p. presidential candidate has made a comment about race and welfare. first, it was rick santorum. now, newt gingrich. >> he made the comments while he was addressing a crowd in new hampshire. why marion bar
the congressional subcommittee still has to come up with a plan to cut the deficit. if they don't reach a deal, automatic budget cuts kick in which will cost the pentagon another $500 billion over the next ten years. >>> defense spending may be shrinking but troops are still being deployed overseas. 83 soldiers with the d.c. army national guard are headed to afghanistan. there is a bittersweet send-off to the d.c. armory in southeast yesterday. most of the soldiers are with the guard's...
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Oct 11, 2012
10/12
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WBAL
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. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty is to provide executive protection. it all comes at a cost. for the last year, over time alone was $103,750. substantially higher than the cost for fiscal year 2011. one big reason? the unit got bigger. it grew from three officers to seven officers. the mayor's security troubles with her out of time. that added another $7,700 the last fiscal year. take that plus the overtime costs and the minimum salaries -- the overall cost is enough to cover the starting salaries of 10 police officers. executive protection is also provided to the police commissioner, even though the commissioner carries a drug. two officers made $36,0
. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty...
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Sep 13, 2012
09/12
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CSPAN2
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they don't think deficits matter either because they have deficits for the next 28 years. when i tell people this and i outline the budget for folks back home they say you must be kidding. nothing can be that extreme. the ryan plan is traoepblgs and un -- is extreme and unbalanced, and i'm not making it up. even former house speaker newt gingrich called it right wing social engineering. mr. gingrich, you got that one right. but you don't have to listen to newt. let's listen to the economic advisor to really the icon of the modern-day republican party, president ronald reagan. look whaep said. -- look what he said. look at what mr. bartlett said. he said distributionally, the ryan plan is a monstrosity. the rich would receive huge tax cuts while the social and safety net would be shredded to pay for that. a monstrosity. this is the economic advisor to president reagan. president reagan wouldn't have a chance in today's republican party, not with the ryan budget. so again, the ryan budget is radical. radical. and shrinking the size of government to what it was more than a ha
they don't think deficits matter either because they have deficits for the next 28 years. when i tell people this and i outline the budget for folks back home they say you must be kidding. nothing can be that extreme. the ryan plan is traoepblgs and un -- is extreme and unbalanced, and i'm not making it up. even former house speaker newt gingrich called it right wing social engineering. mr. gingrich, you got that one right. but you don't have to listen to newt. let's listen to the economic...
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Jul 16, 2012
07/12
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it accounts for all of 4% of the deficit. how much did the new spending and the interest cost on that spending account for? over 12 times as much. so the reality is that the bush tax cuts, which helped everyone, did not help the wealthy more than everybody else, did not contribute to the deficit, and in fact those taxpayers are now paying 94% of income taxes, up from 81% before the bush tax cut went into effectment. so that high-income group is paying more in taxes now than it did before the bush tax cuts went into effect. when the president demagogue this issue that somehow it is only the rich that got the benefits of the bush tax cuts and we have to take that money away prosecute them from them, g more than they did before, and these are the very people creating the jobs today. why would we want to raise taxes at this point on anybody, including on this group of people? my final point, again the nonpartisan congressional budget office as issued a report in which they say that this fiscal cliff, the combination of board vess
it accounts for all of 4% of the deficit. how much did the new spending and the interest cost on that spending account for? over 12 times as much. so the reality is that the bush tax cuts, which helped everyone, did not help the wealthy more than everybody else, did not contribute to the deficit, and in fact those taxpayers are now paying 94% of income taxes, up from 81% before the bush tax cut went into effectment. so that high-income group is paying more in taxes now than it did before the...
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Apr 18, 2012
04/12
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if america will live up to its constitution, will america be its greatest dream or be its greatest deficit? ladies and gentlemen, how i wish i could have seen my bishop walk for two blocks because it is a marvelous testament of what it is minorities, ethnicities, and the church community will have to do. while the new generation is looking up, we may have to go back to marching so that america can in fact be the place it was intended to be. thank you so much. [applause] >> thank you. first off, i would like to start off by thank you all for allowing me to speak to you on a matter that is near and dear to my heart. i speak to you today from two perspectives. one as a professor of criminal justice at jackson state university and itt technical institute end as a current deputy commander hines county sheriff's department and also a onetime law enforcement officer of the year and three times law enforcement officer of the year and all was accomplished without using racial profiling. as a law enforcement officer, i have heard various arguments for the use of typecasting, also known as racial pro
if america will live up to its constitution, will america be its greatest dream or be its greatest deficit? ladies and gentlemen, how i wish i could have seen my bishop walk for two blocks because it is a marvelous testament of what it is minorities, ethnicities, and the church community will have to do. while the new generation is looking up, we may have to go back to marching so that america can in fact be the place it was intended to be. thank you so much. [applause] >> thank you....
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Jan 26, 2012
01/12
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the deficit risk, the additional deficit risk that nobody is really talking about. i certainly worked with douglas holt agen on the true cost of the health care law. you are talking about the uncertainty around the health care law. c.b.o. estimated only a million people would lose their employer-sponsored care and get put in the exchanges under highly subsidized rates, but the mckenzie study found 30% to 50% of employers right now are planning on dropping coverage. 180 million americans get their health insurance through employer-sponsored care. if half of them lose their health care and get dumped in the exchanges, the cost of obamacare won't be $95 billion. it will be over $400 billion. if everybody loses -- it will be close to $1 trillion. i want your comments in terms of that plelf of risk, dr. prakken. >> thanks for such an easy question. >> not a problem. >> i have no way of quantifying the impact on an intermediate term economic forecast of the united states economy of the affordable health care act. because the name of our firm is macroeconomic advisors and
the deficit risk, the additional deficit risk that nobody is really talking about. i certainly worked with douglas holt agen on the true cost of the health care law. you are talking about the uncertainty around the health care law. c.b.o. estimated only a million people would lose their employer-sponsored care and get put in the exchanges under highly subsidized rates, but the mckenzie study found 30% to 50% of employers right now are planning on dropping coverage. 180 million americans get...
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Oct 16, 2012
10/12
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MSNBC
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ross perot and the deficit is synonymous. but they seem to be billionaire endorsing -- rich guy endorsing rich by. but it shouldn't be an ignored endorsement. >> i think it's a net plus. not a significant net plus, but it helps romney. 20 years ago, 19% voted for ross perot. a the lot of those folks are still voting. >> and they did it in iowa. after florida, which is not a deficit, sort of sensitive state, iowa is a lot of orderer voters. memories of ross perot. >> and a place where the obama campaign has to be concerned. mitt romney after showing no activity came in and basically just about snuck in a primary. campaigned under the radar. >> shameless plug. >> my father, executive producer of the 1992 town hall meeting. >> and it was a great event in television history. >> bloomberg story where they interviewed the father of the late ambassador chris stevens. >> we talked about it today. >> do not politicize. that's an important message going into this debate. romney has to be careful not to politicize it too much. >> 7:00 p
ross perot and the deficit is synonymous. but they seem to be billionaire endorsing -- rich guy endorsing rich by. but it shouldn't be an ignored endorsement. >> i think it's a net plus. not a significant net plus, but it helps romney. 20 years ago, 19% voted for ross perot. a the lot of those folks are still voting. >> and they did it in iowa. after florida, which is not a deficit, sort of sensitive state, iowa is a lot of orderer voters. memories of ross perot. >> and a...
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Nov 11, 2012
11/12
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WUSA
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absent a deficit reduction deal by the end of the year, more than $1 trillion in cuts would be triggered across the government, half would hit the pentagon that's just starting to implement $500 billion in cuts over the coming decade. here to talk about sequestration, new players in congress and the administration is our expert roundtable with rick maze, the editor of the military times up in, macker mackenzie eagin, and gordon adams who served in the clinton white house. guys, welcome back, and thanks for joining us. mackenzie, let's start with you, we have the sam problems, occasion of characters, president obama in the debate was adamant that sequestration wouldn't happen. can he strike a deal this time? and having seriously committed themselves to stymying the agenda, the day after being elected the nice time. is the republican leadership going to play ball with him this time? >> there's no doubt the president is in the driver's seat, and he hold the cards and leverage, and conservatives don't have much from which they can negotiate. i don't know if the speaker of the house has the v
absent a deficit reduction deal by the end of the year, more than $1 trillion in cuts would be triggered across the government, half would hit the pentagon that's just starting to implement $500 billion in cuts over the coming decade. here to talk about sequestration, new players in congress and the administration is our expert roundtable with rick maze, the editor of the military times up in, macker mackenzie eagin, and gordon adams who served in the clinton white house. guys, welcome back,...
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Apr 3, 2012
04/12
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WBFF
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.13:16:22"it concernn me becuase some of the invoices are fomr when he million bduget deficits"and the mayor announcesspool closings10:00:44 "i don't take the decision that we have to make ightly at all. $48 million ... larger than the entiie budget for the dept of recreation and parks."it's the reason scott plans to reconvene the hearing this month, where he hopes to find answees.13:18:45"we can't just give out $20,000 and have very pew details &p police... told us .../ they... will... answer ...his questions.../ at... the hearing.../ this montt. join... our aste watcc. ááifáá... wastee./ áácalláá... 410-662-1456. ááoráá... go to fox-baltimore dot com. the shhoting of an narmed teen in florida continues to baltimore.tonight dozens to remember trayvon martin and call for justice. " there was a rally last weee.... must take a stand.. stand.. 3 tonight's demonstration was church leaddrs in the city.oung there's new focus tonight on the 9-1-1 tapes the night zimmerman claims e shot eorge martin in self-defense.he told police he screamed for help... according to the police epor
.13:16:22"it concernn me becuase some of the invoices are fomr when he million bduget deficits"and the mayor announcesspool closings10:00:44 "i don't take the decision that we have to make ightly at all. $48 million ... larger than the entiie budget for the dept of recreation and parks."it's the reason scott plans to reconvene the hearing this month, where he hopes to find answees.13:18:45"we can't just give out $20,000 and have very pew details &p police... told us...
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Oct 10, 2012
10/12
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WBFF
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bird.... 3 (30:48)we didn'' know bbggbird was driving the federal deficit........ere at a baltimore radio stttion...... (nats oo ad)its a campaign prrsiiential election boiled down to whether or not you're for big bird or noo......obama for america v released this ccmpaign ad.....using big bird to mock mitt romneyyfor proposiig funding cuts to pbs during last week's debate.....hoping to reduce the nations trillion dollar deficit.......(31:44)while we are talkinggabout 20 percent of the budget which is where the pbs money is in 80 percent of the budget is dealing with medicare.....social security...ddfense...we don't &ptalk about the big parts that's my wholl point..... (nats......hold for about 10 sec)(10:07)what this add really says abbut the voters psshow simple the voters are....john dede a pplitical people get connused by dodd frann people get confused by financial regulation reforn but big bird everyone understands...... romney also added during the debate........even though he would cut funding to pbs.......he added....."i like pbs.....i like big birr"... loser offlast week's debate
bird.... 3 (30:48)we didn'' know bbggbird was driving the federal deficit........ere at a baltimore radio stttion...... (nats oo ad)its a campaign prrsiiential election boiled down to whether or not you're for big bird or noo......obama for america v released this ccmpaign ad.....using big bird to mock mitt romneyyfor proposiig funding cuts to pbs during last week's debate.....hoping to reduce the nations trillion dollar deficit.......(31:44)while we are talkinggabout 20 percent of the budget...